Property Details

Burger King

Land O'Lakes (Tampa), FL
Property ID: 9417

Financial Summary

Asking Price $2,100,000
Cap Rate 5.00%
Net Operating Income (NOI) $105,000
Lease Type Ground Lease
Lease Term Remaining 15 Years
Increases 10% Every 5 Years (Starting Year 10)
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714
Keelee Peterson
Director
404.492.9469

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Highlights

  • Brand new 15 year Burger King ground lease
  • Quality Dining Inc is the 5th largest Burger King operator - 160+ units
  • Guarantor Entity (BravoTampa, LLC) operates 67 units within the Tampa MSA
  • High traffic location along SR54 - 57,000 cars per day
  • Adjacent to new Wawa, Firestone, and 200+ unit apartment project
  • Watch the flyover video:

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

25180 Maren Way
Land O'Lakes (Tampa), FL

Amanda WillisBurger King